Auto Warranty Companies Fight For Your Business

extended car warranty - The industry of auto warranty companies is really a fiercely competitive one. You can find a limited number of cars on the road - granted, there are many them, and each one of them, at some point or still, has or enjoyed a warranty - though with the multitude of companies fighting for that business of the drivers, it means that every car owner is the target of some very hungry sales reps.

This can be quite a daunting position to be in for any car owner. Regardless if you are buying a new car coming from a dealership, or buying a second hand car, there will be people promoting you their warranty services.

Inside the dealership, you may encounter a pushy sales representative who can try everything they can to help you get to sign on for the extended warranty whenever you help make your initial purchase. You will find advantages to buying during those times, including having the costs from the warranty rolled up into the financing for that car, and understanding that your dealership will continue to be the area to get any repairs or replacements done. But these comforts could end up costing you hundreds or lots of money in the long run. Sales agents make very large commissions on warranties, so they're eager to get you to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, as opposed to adding a tiny number in your monthly car payment bills. However it could very well save a little money.

But just as not every car sales representative is out to rip you off, its not all third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as a client, so use that in your favor. Compare prices, examine all of the relation to the warranties offered, and tell the firms you talk to “hey, cause me to the best offer.” Someone else will if they can't.